CareTrust REIT's revenue for the
three
months ended in Dec. 2023 was $53.5 Mil.
Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $198.6 Mil.
CareTrust REIT's Revenue per Share for the
three
months ended in Dec. 2023 was $0.44.
Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.88.
Warning Sign:
CareTrust REIT Inc revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of CareTrust REIT was -3.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 0.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 0.70% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -1.80% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.
During the past 12 years, CareTrust REIT's highest 3-Year average Revenue per Share Growth Rate was 4.30% per year. The lowest was -11.20% per year. And the median was 0.40% per year.
CareTrust REIT Revenue Historical Data
The historical data trend for CareTrust REIT's Revenue can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Healthcare Facilities subindustry, CareTrust REIT's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CareTrust REIT Revenue Distribution
For the REITs industry and Real Estate sector, CareTrust REIT's Revenue distribution charts can be found below:
* The bar in red indicates where CareTrust REIT's Revenue falls into.
CareTrust REIT Revenue Calculation
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $198.6 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CareTrust REIT (NYSE:CTRE) Revenue Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
CareTrust REIT Revenue Related Terms
Thank you for viewing the detailed overview of CareTrust REIT's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
CareTrust REIT (CareTrust REIT) Business Description
CareTrust REIT Inc is a self-administered, publicly-traded REIT engaged in the ownership, acquisition, financing, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. The Company has one reportable segment consisting of investments in healthcare-related real estate assets. It generates revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements. The Company generate revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements, under which the tenant is solely responsible for the costs related to the property (including property taxes, insurance, maintenance and repair costs and capital expenditures).
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